GOP strategist: Trump spending boosts economy

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00:00The bill is going to add quite a lot, isn't it, to the U.S. national deficit, some 3.3 trillion U.S. dollars.

00:07I mean, that's not a very traditionally Republican thing to do, is it?

00:10It's not. But, you know, it's funny because in listening to the interview that you did,

00:15and I know we'll talk about it more with Elon Musk's dad, he said something that I hear often.

00:20You've got to spend money to make money. And, you know, covering the overtime taxes,

00:27in other words, not taxing overtime wages, not taxing tips, for example.

00:32You know, tips are a huge part of how people in America make money.

00:35I know this is very different in Europe and other countries, but in America,

00:39people get a very nominal amount hourly wage, especially in the service industry, the tourism industry.

00:46They make money on tips. So those not being taxed is huge for Americans.

00:51And so those types of things do raise the deficit. They do cost money, but it costs money to make money.

00:59It's a way of looking at it to say that people will put that money back into the economy and it will benefit America.